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Index Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

KBW BANK SECTOR INDEX (NASDAQ:BKX)

Countertrend Up (+85) - BKX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid BKX?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BKX
Open High Low BKX Price Change
98.333 98.630 97.434 98.534 +0.480
Entry Signal

MarketClub’s Trade Triangles for BKX

long term up The long-term trend has been UP since Dec 1st, 2023 at 85.104

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 96.422

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 98.364

Smart Scan Analysis for BKX

Based on our trend formula, BKX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for BKX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
98.333 98.630 97.434 98.534 +0.480
Prev. Close Volume Bid Ask Time
98.054 0 2024-03-18 17:15:33
52wk High117.1452wk High Date2018-01-29
52wk Low93.6552wk Low Date2018-10-24
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